Description: 1940 (Jun) brokers’ “Stamp Tax Memorandum” describing purchase by Mutual Benefit Life insurance Co. of $100,000 in bonds of Jersey Central Power and Light Co. for $103,627.78, stamped on reverse with $4 “SERIES 1940” overprint block of ten (Scott R279, cut cancels, $55++ as singles off document). Rare and eye-catching stamping!The 1933 $4 (Scott R243) and this 1940 $4 were added to the current documentary series to accommodate a new rate of 4¢ per $100 on transfers of stocks and bonds. See article in The American Revenuer 2nd Qtr 2021 for discussion of “1940” overprints.Virtually nothing has been written on the 1940 Provisionals.
Price: 90 USD
Location: Santa Monica, California
End Time: 2023-11-12T19:40:17.000Z
Shipping Cost: 3 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Certification: Uncertified
Quality: Used
Language: English
Grade: On document
Place of Origin: United States
